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HomeMy WebLinkAbout20093354.tiffWELD COUNTY, COLORADO ARBITRATION AWARD Taxpayer: Long Pork, Inc., John Long, President Vs. WELD COUNTY BOARD OF EQUALIZATION This matter having been heard on: December 3rd, 2009 Petitioner: John Long, appeared in person without counsel. Respondent Weld County Board of Equalization appeared by: Cyndv Giauque (counsel), Chris Woodruff (Assessor), and Duane Robson (Senior Appraiser) That I find in favor of the Respondent of Weld County and against the Petitioner, Long Pork, Inc. That the property in question, more fully described as address: 25480 WCR 80; Legal Description of the property East Part NW'Y4, Sec. 20, T7N, R64W, Lot B, RE 801. I Taxpayer schedule number R0983686 should/should not be adjusted as follows: None That the arbitrator's fees for conducting this matter are: $150.00 That said fees are to be paid as follows: 100% paid by the petitioner (tax paver) and 0% paid by the respondent (Weld County Board of Equalization). That each party shall pay their own witness fees, attorney's fees and miscellaneous costs. DATED THIS 4th day of December, 2009 Gene Stille ARBITRATOR 2009-3354 L_;))-YuNA-,/i/C,./,,,cli,i 12-.2/-. ,zci CF WELD COUNTY, COLORADO PETITION FOR ARBITRATION Taxpayer, f>c, K rNc_ v. WELD COUNTY BOARD OF EQUALIZATION 1. The undersigned property owner or authorized agent, pursuant to Section 39-8-108, C.R.S., requests arbitration. 2. The subject property is located in Weld County with address or legal description as follows: 9.5'180 CR Ott 4446 sc, i'i<�L5 with tax schedule number Q Q 3 c 3. That the property is (residential real property) (other property). State classification of the property if other than residential, i.e., personal, commercial, vacant land, etc.: 4. That the residential arbitration fee in the amount of $150.00 is hereby advanced, to be held in trust pending a decision of the arbitrator; OR 4. That the fee estimate of $ I&I agreed upon between the parties is hereby advanced, to be held in trust pending a decision by the arbitrator; OR 4. An application for fee waiver based upon indigence of the petitioner is pending before the Board of County Commissioners. 5. That (c)+z& p 11' //4 be named and assigned as arbitrator. 6. That the following issues are in need of arbitration: �io Nc c?1he_ E Pw(rys — et! a-lz�s ,-6o. o At1Qit Lcu-I0a II) Bij/t• 4-t Ji5Z`i PETITIONER'S SIGNATURE: _ Printed NAME: ADDRESS: Date PHONE #: £770 ?Cy 2 G' 7 M:\BOBARBITRATE.doc 9/02/09 WELD COUNTY, COLORADO OATH OF ARBITRATOR Taxpayer, LONG PORK, INC., C/O JOHN LONG v. WELD COUNTY BOARD OF EQUALIZATION I solemnly swear and affirm under penalty of perjury that I meet the qualifications of Section 39-8-108.5, C.R.S., that I will be completely impartial, and that I will fairly and justly determine the issues placed before me. I further swear and affirm that I have no financial or personal interest in the outcome of the arbitration of this case, and have no existing or past financial, business, professional, family or social relationships with any of the parties or their attorneys that will affect my impartiality or create an appearance of partiality or bias except 10-/7-4 SIGNATURE DATE M:\BOEWRBITRATE.doc 9/02/09 fi Wilk COLORADO December 17, 2009 - ✓n4 Long Pork, Inc. do John Long 25480 County Road 80 Eaton, Colorado 80615 CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4226 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 RE: Arbitration Hearing Award - Account #: R0983686 Dear Mr. Long: Enclosed is a copy of the Arbitrator's Award. If you have questions, please do not hesitate to contact me at (970) 356-4000 Ext. 4226. Sincerely, Esther E. Gesick Deputy Clerk to the Board cc: County Attorney Assessor Gene Still :41r COLORADO December 17, 2009 - Yvtw�d Gene Stille 35886 County Road 49 Eaton, Colorado 80615 CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4226 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 RE: Arbitration Hearing Award - Account #: R0983686 - Long Pork, Inc. Dear Mr. Stille, Enclosed is a check, in the amount of $150.00, as reflected in the Arbitrator's Fee Agreement. Pursuant to the Arbitration Award, 100% was paid by the petitioner. If you have questions, please do not hesitate to contact me at (970) 356-4000 Ext. 4226. Sincerely, f_ N ✓GG_ i✓_4?), L.,€) Esther E. Gesick Deputy Clerk to the Board cc: County Attorney Assessor Long Pork, Inc. (John Long) CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4226 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Wine COLORADO October 20, 2009 Long Pork, Inc. do John Long 25480 County Road 80 Eaton, Colorado 80615 RE: Arbitration Hearing - Account #: R0983686 Dear Mr. Long: You are hereby notified that an Arbitration Hearing has been set at your request for December 3, 2009, at 1:00 p.m. The hearing will be held at the Weld County Centennial Center, 915 10th Street, Third Floor Conference Room B, Greeley, Colorado 80631. Gene Stille will be presiding. If you have questions or need additional information, please do not hesitate to contact me at (970) 356-4000 Ext. 4226. Sincerely, Esther E. Gesick Deputy Clerk to the Board JOI cc: County Attorney Assessor Gene Stille M:\BOBR0983686b.doc pik Wilk COLORADO October 6, 2009 ( nw._L:cI +41/DL;) TO: ARBITRATOR TAXPAYER ASSESSOR CLERK TO THE BOARD PHONE: (970) 356-4000 EXT. 4226 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 RE: LONG PORK, INC., CIO JOHN LONG v. WELD COUNTY BOARD OF EQUALIZATION The attached petition, having been timely filed and fees advanced, and having received no objections from the respondent Board, the above -captioned case is hereby assigned to Gene Stille who will serve as arbitrator in this matter. Upon filing of the oath or affirmation, the arbitrator will contact the parties to schedule the matter for hearing. .t'. Gl, J DEPUTY CLERK TO THE BOARD CLERK TO THE BOARD PHONE (970) 356-4000 EXT.4226 FAX: (970) 352-0242 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 Wine COLORADO September 8, 2009 - -010,1; (cd do John Long Long Pork, Inc. 25480 County Road 80 Eaton, CO 80615 Dear Mr. Long: This is to acknowledge your request for arbitration pursuant to Section 39-8-108, C.R.S. In an effort to expedite handling of cases, the Weld County Board of County Commissioners has adopted rules and procedures for the arbitration process. Enclosed for your review is the list of approved arbitrators, a copy of the rules and procedures, and a petition. The petition must be completed by the property owner or legal counsel and returned to this office with the appropriate fees. Upon receipt of the petition and advancement of fees, your case will be assigned for arbitration. It is important to promptly comply with the rules and procedures to ensure that your case is dealt with in a fair and expeditious matter. Sincerely, Esther E. Gesick Deputy Clerk to the Board End. 2 . Av Esther Gesick From: Esther Gesick Sent: Thursday, August 27, 2009 2:42 PM To: longpork@thinairnet.com Cc: Esther Gesick Subject: RE: Binding arbitration Attachments: ARBITRATE.doc John, Attached is a copy of the current procedures. As discussed in our telephone conversation, these will have some minor updates considered at the Board meeting next Wednesday, but it should give you a general idea of the process in the mean time. Once I have formal approval of the list of Arbitrators and the updated Procedures, I will send you a packet to begin the formal process. Thanks! Esther E. Gesick Deputy Clerk to the Board Weld County, Colorado 915 10th Street Greeley, CO 80631 (970)356-4000 X4226 (970)352-0242 (fax) From: longpork@thinairnet.com [mailto:longpork@thinairnet.com] Sent: Thursday, August 27, 2009 2:33 PM To: Esther Gesick Subject: Binding arbitration Ester, I wish to appeal the 8-5-09 Boards denial of Long Pork Inc to binding arbitration. John R Long (N) F.5&2( Building Details Parcel#: 071120000022 Account#: R0983686 Owners Name & Address: LONG PORK INC 25480 CR 80 EATON, CO 80615 Building# 1 Built As: Exterior: Interior Finish: # of Baths: # of Bdrms: # of Stories: Rooms: Garage: Attached SQ Ft: Basement: Total SQ Ft: Ranch 1 Story Frame Hardboard Drywall 2 3 1 6 0 280 Property Address: Street: City: WELD Property Type Residential Individual Built As Detail Year Built: HVAC: Built As SQ Ft: Roof Type: Roof Cover: Units: Detached SQ Ft: Finished SQ Ft: 0,6 S 2g 7 67 040 -79S o5 /Li !S7/ 03 ! 3z &y97 of 13S73 91 97 52. 3'/5'25 1977 Central Air to Air 1642 Gable Comp Shingle Heavy 1 0 i//907 G 43997 i ≥ 33Ss 5932-C git 3,0 ej,3;a 31% atQ3/1 SS. 73 EXHIBIT http://maps2. merrick.com/ W ebsite/Weld/setSgl. asp?cmd=query&D ET=Building&acct=RO... 12/3/2009 5 4- c m cc N O o 13 Q ,W CO Q c co O ji U R 2O Q. 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V} c m 0 cc Z Yr a- 4n m_ O o <a, 0- C eA)94s e)/(04)51/45/fri An, : pa Median and Average Sales Prices of New Homes Sold in United States Annual Data 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 45 5°' 2003 2004 2005 2006 �91y5 `6b oti3 a3?n4 Sc 6%5 qo 159 'i5 44,1 vB 552 - IDS 9i° 111 1.50 o (23251 I 41 Tr- 15141't — vIct Hi 1O, i‘l`C S°O ;2_0,11)(V, (,C3 Note: The sales price includes the land. $18,000 $18,900 $20,000 $21,400 $22,700 $24,700 $25,600 $23,400 $25,200 $27,600 $32,500 $35,900 $39,300 $44,200 $48,800 $55,700 $62,900 $64,600 $68,900 $69,300 $75,300 $79,900 $84,300 $92,000 $104,500 $112,500 $120,000 $122,900 $120,000 $121,500 $126,500 $130,000 $133,900 $140,000 $146,000 $152,500 $161,000 $169,000 $175,200 $187,600 $195,000 $221,000 $240,900 $246,500 5oDL DSa10 1.4131 17`41ti ;01)V3 31 2-41- 150 352.93 3431-1 $19,300 $20,500 $21,500 $23,300 $24,600 $26,600 $27,900 $26,600 $28,300 $30,500 $35,500 $38,900 $42,600 $48,000 $54,200 $62,500 $71,800 $76,400 $83,000 $83,900 $89,800 $97,600 $100,800 $111,900 $127,200 $138,300 $148,800 $149,800 $147,200 X157 $144,100 $147,700 11-1 $154,500 y'4 $158,700 4‘O6 j , $166,400 5 54 $176,200 $181,900 S•ii $195,600 1 $207,000 9.5 $213,200 .q `31a 11,E 35 115 $228,700 4.�5 4I 5511 $246,300 4`1 7 91 $274,500 10,3 LI4 $297,000 -1,54 "71(i $305,900 2>9 $313,600° $292,600 -7,/92 r c/c- l1 1c7 `f6 Gc z %45 -et.?e r -z,•-1 23 33k D5— ado vn i Iv%c6S-I 10(0 %57 11,857•+ 0.* 1,857•+ 4,662•+ 338•+ 25, D00• + 1,500•+ 500• + 108,857.* Weld County CHRISTOPHER M. WOODRUFF COUNTY ASSESSOR BRENDA DONES, DEPUTY ASSESSOR VALUATION REPORT OF AGRICULTURAL IMPROVED PROPERTY FOR Binding Arbitration LONG PORK INC PETITIONER VS. COUNTY BOARD OF EQUALIZATION RESPONDENT Parcel Number: 0711-20-0-00-022 Schedule Number: R0983686 Log Number: Date: 12/03/2009 Time: 01:00 PM Board: PREPARED BY DUANE M ROBSON Signature ASSESSOR'S OFFICE SENIOR APPRAISER Date EXHIBIT CBOE_RES_01 Pai GENERAL DESCRIPTION AND MARKET SUMMARY SUBJECT SITE AND IMPROVEMENTS This property is located at 25480 80 CR in Weld County. The legal description of the property is 10037-E PT NW4 20 7 64 BEG N4 COR OF SEC S89D53'W 1888.31' S2620' S15D45'E 16.78' S89D59'E 1883.75' N2639.85' TO BEG LOT -B REC EXEMPT RE -801 (1.30R 3.93S) 25480 80 CR WELD 80615. Utilities available to the site are typical for the area. The residence is a Frame Vinyl sided house constructed in 1977. It has 1642 square feet of finished living area. There is a 280 sq ft unfinished basement on the West side. The house has 3 bedrooms, two baths, 128 sq ft of finished loft, and a wood burning fireplace. It is heated and cooled by central air. The Assessor has classified the structure as a Ranch 1 Story home of Average quality, using Average quality materials. There are several outbuildings on the parcel in varied states of condition. The 113.05 acres of land are classified as dry farm land. The subject property has been classified as Residential Improvements on Agricultural land for assessment purposes. CBOE_RES_C Pc VALUATION OF AGRICULTURAL LAND The actual value of agricultural lands, exclusive of building improvements thereon, shall be determined by consideration of the earning or productive capacity of such lands during a reasonable period of time, capitalized at a statutory rate of thirteen percent (13%), Colorado Constitution, Article X, Section 3(1)(a), and 39-1-103(5)(a), CRS. The method of appraising agricultural land for ad valorem taxation purposes, based on its earning or productive capacity, involves an "agricultural landlord formula" which has been approved and accepted by the Property Tax Administrator, the State Board of Equalization, the Statutory Advisory Committee to the Property Tax Administrator, county assessors, and members of the agricultural industry. Net income to the landlord is calculated by first determining a commodity price or grazing rental price averaged over the previous ten years multiplied by the appropriate yield based upon soil classificatio Multiplying this gross income by the typical landlord's crop share results in the landlord's gross income. Typical landlord expenses, allowed on a statewide basis, are averaged over the preceding ten-year period and subtracted from the landlord's gross income to arrive at the landlord's net income This income is capitalized by the statutory capitalization rate of 13 percent to arrive at an indication o value. TYPICAL LANDLORD EXPENSES All expenses must be documented and calculated as ten-year averages using the ten calendar years prior to the June 30 appraisal date for a specified level of value. Not all expenses are allowable. The first condition: it must be a typical landlord expense; the second condition: it must be necessary to cultivate a crop; and the third condition: it must be within the following allowable expense categories. For Dry Farm Land Fence expense (researched and provided by DPT) Chemical pesticides, herbicides, and fertilizer expenses (researched locally) Calculation of Dry Farm Income Approach (Per Acre) 25.5 Bushels $19.43 Cost of Fertilizer x $3.18 Comodity Price + $17.78 Cost of Herbicide $81.09 $37.21 x 50% Fallow x 50% Fallow _ $40.55 $18.61 x 33.33% Landlord Share x 33.33% Landlord Share _ $13.51 Gross Income $6.20 + 1.76 Cost of Fence $7.96 Expenses $13.51 Gross Income $7.96 Expenses $5.55 Net Income divided 13% Cap Rate $5.55 Net Income $42.72 Final Dollar/Acre Value CBOE_RES_01C Pag The subject property was physically inspected on September 28th, 2009 to verify that the property should have the agricultural designation. The land, which has been classified as 113.05 acres of dry farm, has been valued according to the consideration of the earning or productive capacity of the land and capitalized at the statutory rate of thirteen percent (13%), Colorado Constitution, Article X, Section 3(1)(a), and 39-1-103(5)(a), CRS. INDICATED VALUE Classification Acres Value/Acre Total Valuation Dry Farm 113.05 $42.72 $4,830 CBOE_RES_01 Pa OUT BUILDING VALUES The Cost, Market and Income approaches are considered for the valuation of the agricultural out buildings. However, insufficient data is available for utilizing the Market or the Income approach. Therefore, the Assessor has valued the out buildings based on the Cost approach. The out buildings have been classified properly utilizing the Marshall and Swift Valuation Service and an appropriate value assigned. Bldg Number Classification 2009 CBOE Value Revised Value 1 Residence 2 Destroyed in 2003 3 Shed - Utility $242 4 Grain Hopper $516 5 Grain Hopper $516 6 Grain Hopper $516 7 Grain Hopper $516 8 Utility Building $3,011 9 Grain Elevator & Bins $23,212 Total Valuation $50 $50 $50 $50 $50 $3,011 $1,200 $28,529 $4,461 After the physical inspection on September 28th, 2009, all outbuildings, with the exception of building number eight, were reduced to a salvage value, which is the value listed above. Salvage value was determined by an internet search of used grain bins and elevators, along with the current price for scrap metal and the cost to dismantle and transport these structures. Per Marshall and Swift Valuation Service, consideration of regional economic influences should be made for grain elevators and bins in remote rural areas. While functional obsolescence and physical deterioration may be estimated by comparing the elevator structure to other like structures of size an year built, fluctuations in the grain market, accessibility to railroad services and other influences of economic obsolescence can have a significant impact on depreciation. Building #8 is classified as a 988 sqft, pole constructed Utility building of low quality built in 1992. It is 10' in height, has access to electrical, and sits on a concrete slab. The building was valued by calculating the replacement cost new using Marshall & Swift Valuation Services, then subtracting depreciation. CBOE_RES_011 Pap, Building #3 - Utility Shed Buildings #4, 5, 6, 7 - Grain Bins CBOE_RES_04 Pa Building #8 Utility Building Building #9 -- Shed, Elevator, Bins CBOE_RES01 Pai RESIDENTIAL IMPROVEMENT VALUATION MARKET APPROACH SUMMARY The subject property has been classified as a Residential Improvement on Agricultural Land for assessment purposes. Residential property value shall be determined by appropriate consideration of the Market Approach to Value {39-1-103(5)(a), CRS}. The Assessor has utilized this approach to value for the subject parcel. Residential improvements for the tax year 2009 must be valued using sales from the period of January 1st, 2007 through June 30th, 2008. The sale prices are then adjusted to the final day of the data -gathering period. {39-1-104(11)(b)(I), CRS}. The residential portion of the property was set by the CBOE at $129,598 for 2009. Three comparable properties were used to support the Assessor's value. The following pages conta a market grid showing the adjustments made to these comparables, as well as photographs of ft properties and a map indicating their locations. The three comparable properties selected all sit on rural acreages and are located in close proximity to the subject. Appropriate adjustments to the comparables were made for differences in size, age, and amenities such as bathroom count and basement finish. Both the value of the land, as well as the out buildings of the comparables were subtracted from the sales price in order to strictly isolate the value of each residence. All of the adjustments made to the market comparison grid were derived over several years of sal( analysis in conjunction with Marshall & Swift Valuation Services, also taking into considerate( regional economic influences and factors. Our office analyzes all sales in the county, usir extrapolation and a thorough market analysis to discover, cultivate, and refine those adjustments. Subject property currently values at $78.93 / sqft. Comparable #1 adjusts to a value of $78.44 / sqft. Comparable #2 adjusts to a value of $123.28 / sqft. Comparable #3 adjusts to a value of $112.16 / sqft. All of the comparables used bring their own unique qualities as they relate to the subject property. Comparable #1 is nearly identical in square footage. Comparable #2 is similar in age, and is closest in proximity to the subject. Comparable #3 had the least amount of adjustments. A value range between $78.44 and $123.28 was established based upon these comparables of similar characteristics, quality, and design. The subject property is valued appropriately as it falls within the lower end of this range. CBOE_RES_O1[ Pag _ ik 4 11. Subject Property (East Side) Subject Rear View (West Side) CBOE_RES 01C Pag 9 it 8 U VO O R G D 0 to M r m E v v m to O < N O` 0 p Uv Nmo ¢N O 0000 0 0 5' 0 0 0 0 0 0 0 0 0 0 N {A 0 iA {A o] {9 O W {9 lA 0 fe bi (9 N 0 V IA 0 tq 0 N CD N V M N_ 0 9 m s ▪ o LLm. o N < .2 N m a m ✓ N Or O O 1.6 V 49 En N 9 W CD01 • v v v o N- • O m 0 N O OD O m m O CD CO (V CO r CO O < N t0 W 70 V 4- ,^ ^C EA W 16 E O H cn cn ,W^ Q V/ Qs (C c y O 471 U tv o CO E O U W Cl) r o 0 0 o h 0) v a O O m N 0 E'to m to o �o aG¢ U -arcsM o 000 N 0 0 0 0 0 0 0 0 0 0 0 0 0 N 49 (9 (9 V m Vi (A (9 iA (9 W (9 bi iA CO CO O CO O r o o r N N f9 N t0 C 0 0 T O m m O LL r N W L N r< d m N U U M V O S co M 'pppTpppT c ✓ < N- CO r r o N O F m 0 O of (9 in Hi W r, O N O CO N- CO 0 n 0 °1 O 0 N O N 00 � N < _ a N ' N N 9 W LL N N t o U U E o_ o_ D E m m O .2. O CO Q m v .2. o N .' S Q VJ J 490 Z < Q • oo N < ✓ m r m mo < m is -c° , CO 0 ¢ o • 0 0 0. o r< �2 0 a m O m N E avi v(h <m U O O-' N O O O O O N O 0 0 0 0 O 0 0 0 N O(p O 0 0 O W (9 (9 N No 0 m (9 (9 t0 W (9 (A N NN 09 0 0 CO O O N 0 r La V 0) CO M V V (V M O w NN (9 (A E9 w w-' a To 0 U a) a a" o E O LL '- 0 m < < d N U U r tJ O m O CO P. c< ✓ N A O< r 7 M O H Cr 03 Or N o r v m 0) < 0 CO O r r LL ▪ N 0 U U E ,�� 0. a` E m m ta LID ti 03 a a in • e N N J N L N-ae into _ J • O z • 0 N 0 N rvr o a o aO N N O U r N m o ▪ OM OK O D N N U y Q N N qE 0 a m= Z 0 to O.8 Z▪ =a m m 2 8 C U to r Z Y o E VJ O01 LL CO L r c m N m m • o 0 0 0 N O N O I- CC 0 0 0 0 O O 0 L -CN O LL U E w t 'E m O L • LL U C tLl V O J E m VI r m Q N N CO £ 0 c c c E o c c CO m b 0 o �_ q u_ o A m m m 0 O! O ai ai ai ai m m 13 C CO n la ▪ a oI v m aEi 2 a p( rn m m m> Q 'j `m 0 U m m m m `o `o m m m m m `m o orn0 ≥ O] J Z O m m mom (J❑ 0 0 0 U' J J 11 V o m N- '1) 49 COea co m m > ≥ > > mmm m To To c c LL LL Comparable Number' Comparable Number; Comparable Number CBOE_RES_0108 Page' m CO CO N 0 o CO IN CO wa Wce O CO 0 SUMMARY VALUE ESTABLISHED BY THE CBOE FOR 2009 AG LAND $4,830 AG BUILDINGS $28,529 AG RESIDENTIAL $129,598 Total: $162,957 Recommended Final Value After Further Review The Assessor's Office recommends the subject property be valued as such: AG LAND AG BUILDINGS AG RESIDENTIAL $4,830 $4,461 $129,598 Total: $138,889 CBOE_RES_0108' Page 1 Account Notes Entry Date Office Account#: R0983686 Note Bldg Category 1/1/1989 A CHANGED MAILING ADDRESS PER MR MC INTOSH SENT SECOND N.O.D. AGEN 6/27/90MRK 1/1/1989 A 1990 PROTEST: PROPERTY RE -APPRAISED AT PROTEST TIME. HOUSE GIVEN 20% MKT 1/1/1989 A ECONOMIC DEPR, ADJUST FOR LOCATION. ALL OUT BLDGS RELISTED FOR '90. MKT 1/1/1989 A PUT HOG BUILDING IN AT AVERAGE QUALITY, WORN OUT CONDITION & 15 YEAR MKT 1/1/1989 A LIFE EXP. DEPRECIATE HOPPER BINS. DELETED ALL OB AV'S AND SHOW MKT 1/1/1989 A REST STILL DRY LAND. 5-22-90 HDC/AES MKT 1/1/1989 A CHANGED A.V. OF BLDG #003 PER HERB AND ANDY. 7/20/89 HDC/MRK 001 MKT 1/1/1989 A JLS. 002 MKT 1/1/1989 A 1994 ADD BLDG #9 AND LUMP SUMS AS NEW CONST ALL UPRIGHT BINS. HOPPER 009 MKT 1/1/1989 A BINS AND GRAIN LEG WERE MOVED IN FROM CON AGRA SET UP AT A COST OF 009 MKT 1/1/1989 A $59,400. $86,000 BU STORAGE. HDC/JEB 009 MKT 6/18/2003 A 2003 appeal, changed quality to avg, deleted hog barn, grain hoppers to 420 each, deleted 1 APPR 4180 comm land, added acres to 4127 land. Adj pcl. Jls. 1/1/1989 A CTF. T02-28-89, T2-12-90, 001 TRES 6/5/2007 A 2007 PROTEST--DENIED--DKF APPR 1/1/1989 A '95 APPEAL, ADJ HOG BARN TO $1.75 P/SF. SFD DID NOT GET NEW FACTORS. 002 MKT 6/23/2001 A 2001 appeal, inspected pcl, updated sfd, and all outbldgs. Changed abstract on bldg #8 to APPR 4277. Changed abstract on all O B's to 4279. Jls. 12/12/2007 A 2007 CHANGED TAX AREA FROM 0207 TO 3867 DUE TO ADDING OVERRIDE LEVY ADM TO EATON SCHOOL DISTRICT LEVY (12/13/2007). 5/20/2005 A 2005 appeal, ran market study on sfd, and market indicates a value of 150k+/-. Denied 1 APPR appeal. Jls. 6/8/2009 A 2009 protest denied after running market grid. JW APPR 8/3/2009 A CBOE adjusted acctual value to 162,957 for 2009 and 2010. JW APPR 1/1/1989 A CHARACTERISTICS FOR '90. ALSO CHANGED LAND --5 ACRES TO OTHER LAND & MKT Friday, December 04, 2009 Page 1 Account #: R0983686 Local #: Appr Year: 2009 Tax Dist: 3867 Assign To: JW WELD COUNTY ASSESSOR PROPERTY PROFILE Levy: 61.536 Map #: 2038 Initials: DMR Parcel #: 071120000022 MH Seq #: # of Bldgs: 8 LEA: 9A0409 Acct Type: Agricultural New Growth: 0 MH Space: Create On: 09/16/1986 Active On: 12/1/2009 InactiveOn: Last Updated: 12/1/2009 Owner's Name and Address: LONG PORK INC 25480 CR 80 EATON CO 80615 Business: Property Address: Street: 25480 80 CR City: WELD Sales Summary Sale Date Sale Price Deed Type Reception # Book Page # Grantor 12/30/1991 $200,000 WD 02273743 1321 HIGH LEAN PORK INC Legal Description 10037-E PT NW4 20 7 64 BEG N4 COR OF SEC 889053W 1888.31' S2620' S15045'E 16.78' S89O59'E 1883.75' N2639.85' TO BEG LOT -B REC EXEMPT RE -801 (1.30R 3.93S) SITUS: 25480 80 CR WELD 80615 Land Valuation Summary Abst Square Unit of Number Value Land Type Ag Code Code Feet Measure Of Units Per Unit Agricultural B IV 4127 4,924,458 Acres 113.05 $43 Land Subtotal: 113.05 Actual Assmt *Assessed Value Percent Value $4,829.50 0.29 $1,400 $4,829.50 $1,400 Buildings Valuation Summary Friday, December 04, 2009 Page 1 of 11 Account #: R0983686 Local #: WELD COUNTY ASSESSOR PROPERTY PROFILE Bldg # Property Type 1 Residential 3 Out Building 4 Out Building 5 Out Building 6 Out Building 7 Out Building 8 Out Building 9 Out Building Improvements Subtotal: Abst Code 4277 4277 4279 4279 4279 4279 4279 4279 Occupancy 101 - Single Family Residential on Ag 404 - Shed - Utility 144 - Grain Hopper 144 - Grain Hopper 144 - Grain Hopper 144 - Grain Hopper 404 - Shed - Utility 404 - Shed - Utility Total Property Value *Approximate Assessed Value Parcel #: 071120000022 MH Seq #: Actual Value $129,598 $242 $516 $516 $516 $516 $3,011 $23,212 $158,127 MH Space: Assmt *Assessed Percent Value 0.0796 $10,316 0.0796 $19 0.29 $150 0.29 $150 0.29 $150 0.29 $150 0.29 $873 0.29 $6,731 $18,538 $162,957 $19,938 Friday, December 04, 2009 Page 2 of 11 WELD COUNTY ASSESSOR Account #: R0983686 PROPERTY PROFILE Parcel #: 071120000022 Local #: Building #: 1 Property Type: Residential Quality: Average Condition: Typical Perimeter: 0 Percent Comp: 100.00% MH Seq #: MH Space: Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: 0 1 $0.00 Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 Individual Built As Detail Built As: Occupancy: Single Family Residential on Ranch 1 Story Year Built: 1977 Construction Type: Frame Vinyl Year Remodeled: HVAC: Central Air to Air % Remodeled: Interior Finish: Drywall Adj Year Blt: 1977 Roof Cover: Comp Shingle Heavy Effective Age: 31 Built As SF: 1642 Mh Make: # of Baths: 2 Tag Length/Width: X # of Bdrms: 3 Tag Length/Width: X # of Stories: 1 Mh Skirting LF: Story Height: 8 MH Skirting Type: Sprinkler SF: Diameter: Capacity: Height: Bldg #: 1 Bsmnt Conc 8 ft Slab Roof Ceil Open Slab Allowance Allowance Bath 3 Bath 4 Fireplace/Wood Burning Average Loft Finished Average Building Details Units Units Price RCN Actual] Value Basement 280 $26.53 $7,429.63 $7,429.63 Porch 40 $23.63 $945.02 $945.02 16 $5.98 $95.69 $95.69 Appliance 1 $2,472.00 $2,472.00 $2,472.00 Plumbing 1 $0.00 $0.00 $0.00 1 $0.00 $0.00 $0.00 1 $0.00 $0.00 $0.00 Add On 1 $10,100.00 $10,100.00 $9,898.00 128 $20.00 $2,560.00 $2,509.00 Friday, December 04, 2009 Page 3 of 11 WELD COUNTY ASSESSOR Account #: R0983686 PROPERTY PROFILE Parcel #: 071120000022 Local #: Value Details MH Seq #: MH Space: RCN Cost/SF: $78.36 Design Adj %: 0 Func Obs %: 0 Total RCN: $153,969.00 Exterior Adj %: 0 Econ Obs %: 0 Phys Depr %: 0.02 Interior Adj %: 0 Other Obs %: 0.09 Phys Depr $: 3079 Amateur Adj %: 0 RCNLD $: $132,922.00 RCNLD Cost/SF $80.95 Market/SF: $68.09 Friday, December 04, 2009 Page 4 of 11 WELD COUNTY ASSESSOR Account #: R0983686 PROPERTY PROFILE Parcel #: 071120000022 Local #: Building #: 3 Property Type: Out Building Quality: Low Condition: OB-BelowTypical i ca I Perimeter: 72 Percent Comp: 100.00% Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 Individual Built As Detail Built As: Shed - Utility Construction Type: P HVAC: None Interior Finish: Roof Cover: Built As SF: 288 # of Baths: # of Bdrms: # of Stories: 1 Story Height: 8 Sprinkler SF: Capacity: Building Details Value Details MH Seq #: MH Space: Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: 0 1 $0.00 Occupancy: Shed - Utility Year Built: 1981 Year Remodeled: % Remodeled: Adj Year Blt: 1981 Effective Age: 27 Mh Make: Tag Length/Width: X Tag Length/Width: X Mh Skirting LF: MH Skirting Type: Diameter: Height: RCN Cost/SF: $5.59 Design Adj %: 0 Func Obs %: 0 Total RCN: $1,610.00 Exterior Adj %: 0 Econ Obs %: 0 Phys Depr %: 0.72 Interior Adj %: 0 Other Obs %: 0 Phys Depr $: 1151 Amateur Adj %: 0 RCNLD $: $242.00 RCNLD Cost/SF $0.84 Market/SF: $0.84 Friday, December 04, 2009 Page 5 of 11 Account #: R0983686 Local #: Building #: 4 Property Type: Out Building Quality: Condition: Perimeter: Average OB-Typical 0 Percent Comp: 100.00% RCN Cost/SF: Total RCN: Phys Depr %: Phys Depr $: RCNLD $: Built As: Construction Type: HVAC: Interior Finish: Roof Cover: Built As SF: # of Baths: # of Bdrms: # of Stories: Story Height: Sprinkler SF: Capacity: WELD COUNTY ASSESSOR PROPERTY PROFILE $1,475.00 $1,475.00 0.65 959 Parcel #: 071120000022 MH Seq #: MH Space: Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: 0 1 $0.00 Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 Individual Built As Detail Occupancy: Grain Hopper Grain Hopper Year Built: 1975 Metal Year Remodeled: None % Remodeled: Adj Year Blt: 1975 Effective Age: 33 1 Mh Make: Tag Length/Width: X Tag Length/Width: X Mh Skirting LF: MH Skirting Type: Diameter: 450 Height: Building Details Value Details Design Adj %: 0 Exterior Adj %: 0 Interior Adj %: 0 Amateur Adj %: 0 Func Obs %: Econ Obs %: Other Obs $516.00 RCNLD Cost/SF $516.00 Market/SF: 0 0 0 $516.00 Friday, December 04, 2009 Page 6 of 11 WELD COUNTY ASSESSOR Account #: R0983686 PROPERTY PROFILE Parcel #: 071120000022 Local #: Building #: 5 Property Type: Out Building Quality: Average Condition: OB-Typical i c a l Perimeter: 0 Percent Comp: 100.00% Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 Individual Built As Detail MH Seq #: MH Space: Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: 0 1 $0.00 Occupancy: Grain Hopper Built As: Grain Hopper Year Built: 1975 Construction Type: Metal Year Remodeled: HVAC: None % Remodeled: Interior Finish: Adj Year Blt: 1975 Roof Cover: Effective Age: 33 Built As SF: 1 Mh Make: # of Baths: Tag Length/Width: X # of Bdrms: Tag Length/Width: X # of Stories: Mh Skirting LF: Story Height: MH Skirting Type: Sprinkler SF: Diameter: Capacity: 450 Height: Building Details Value Details RCN Cost/SF: $1,475.00 Design Adj %: 0 Func Obs %: 0 Total RCN: $1,475.00 Exterior Adj %: 0 Econ Obs °/0: 0 Phys Depr %: 0.65 Interior Adj %: 0 Other Obs 13/0: 0 Phys Depr $: 959 Amateur Adj %: 0 RCNLD $: $516.00 RCNLD Cost/SF $516.00 Market/SF: $516.00 Friday, December 04, 2009 Page 7 of 11 WELD COUNTY ASSESSOR Account #: R0983686 PROPERTY PROFILE Parcel #: 071120000022 Local #: Building #: 6 Property Type: Out Building Quality: Average Condition: OB-Typical i c a l Perimeter: 0 Percent Comp: 100.00% Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 Individual Built As Detail MH Seq #: MH Space: Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: 0 1 $0.00 Occupancy: Grain Hopper Built As: Grain Hopper Year Built: 1975 Construction Type: Metal Year Remodeled: HVAC: None % Remodeled: Interior Finish: Adj Year Blt: 1975 Roof Cover: Effective Age: 33 Built As SF: 1 Mh Make: # of Baths: Tag Length/Width: X # of Bdrms: Tag Length/Width: X # of Stories: Mh Skirting LF: Story Height: MH Skirting Type: Sprinkler SF: Diameter: Capacity: 450 Height: Building Details Value Details RCN Cost/SF: $1,475.00 Design Adj %: 0 Func Obs °/0: 0 Total RCN: $1,475.00 Exterior Adj %: 0 Econ Obs %: 0 Phys Depr %: 0.65 Interior Adj %: 0 Other Obs %: 0 Phys Depr $: 959 Amateur Adj %: 0 RCNLD $: $516.00 RCNLD Cost/SF $516.00 Market/SF: $516.00 Friday, December 04, 2009 Page 8 of 11 Account #: R0983686 Local #: Building #: 7 Property Type: Out Building Quality: Average Condition: OB-Typical Perimeter: 0 Percent Comp: 100.00% WELD COUNTY ASSESSOR PROPERTY PROFILE Parcel #: 071120000022 MH Seq #: MH Space: Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: 0 1 $0.00 Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 Individual Built As Detail Built As: Grain Hopper Construction Type: Metal HVAC: None Interior Finish: Roof Cover: Built As SF: 1 # of Baths: # of Bdrms: # of Stories: Story Height: Sprinkler SF: Capacity: 450 Building Details Value Details Occupancy: Grain Hopper Year Built: 1975 Year Remodeled: % Remodeled: Adj Year Blt: 1975 Effective Age: 33 Mh Make: Tag Length/Width: X Tag Length/Width: X Mh Skirting LF: MH Skirting Type: Diameter: Height: RCN Cost/SF: Total RCN: Phys Depr %: Phys Depr $: RCNLD $: $1,475.00 $1,475.00 0.65 959 $516.00 Design Adj %: Exterior Adj %: Interior Adj %: Amateur Adj %: RCNLD Cost/SF 0 0 0 0 Func Obs %: Econ Obs %: Other Obs %: $516.00 Market/SF: $516.00 0 0 0 Friday, December 04, 2009 Page 9 of 11 WELD COUNTY ASSESSOR Account #: R0983686 PROPERTY PROFILE Parcel #: 071120000022 Local it: Building #: 8 Property Type: Out Building Quality: Low Condition: OB-Typical Perimeter: 128 Percent Comp: 100.00% Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 Individual Built As Detail MH Seq #: MH Space: Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: 0 1 $0.00 Occupancy: Utility Building Built As: Shed - Utility Year Built: 1992 Construction Type: P Year Remodeled: HVAC: None % Remodeled: Interior Finish: Adj Year Blt: 1992 Roof Cover: Effective Age: 16 Built As SF: 988 Mh Make: # of Baths: Tag Length/Width: 38 X 26 # of Bdrms: Tag Length/Width: X # of Stories: 1 Mh Skirting LF: 128 Story Height: 8 MH Skirting Type: Sprinkler SF: Diameter: Capacity: Height: Bldg #: 8 OB Concrete Floor Slab Average Building Details Add On Units Units Price RCN Actual Value 988 $3.12 $3,082.56 $1,079.00 Value Details RCN Cost/SF: $5.59 Design Adj %: 0 Func Obs 6/0: 0 Total RCN: $8,605.00 Exterior Adj %: 0 Econ Obs %: 0 Phys Depr %: 0.65 Interior Adj %: 0 Other Obs %: 0 Phys Depr $: 5594 Amateur Adj %: 0 RCNLD $: $3,011.00 RCNLD Cost/SF $3.05 MarkeUSF: $3.05 Friday, December 04, 2009 Page 10 of 11 WELD COUNTY ASSESSOR Account #: R0983686 PROPERTY PROFILE Parcel #: 071120000022 Local #: MH Seq #: MH Space: Building #: 9 Condo SF Condo % Land: Condo % Bldg: Unit Type: Landscaping $: Property Type: Out Building Quality: Low Condition: OB-Typical i ca l Perimeter: 108 Percent Comp: 100.00% Nbhd: 7004 Nbhd Ext: 00 Nbhd Adj: 0.97 0 1 $0.00 Individual Built As Detail Built As: Shed - Utility Construction Type: P HVAC: None Interior Finish: Roof Cover: Built As SF: 720 # of Baths: # of Bdrms: # of Stories: 1 Story Height: 14 Sprinkler SF: Capacity: Bldg #: 9 GRAIN BINS, HOPPER BINS MILL LEG 2800 BUHR OB Concrete Floor Slab Average Building Details Add On Value Details Occupancy: Shed - Utility Year Built: 1993 Year Remodeled: % Remodeled: Adj Year Blt: 1993 Effective Age: 15 Mh Make: Tag Length/Width: X Tag Length/Width: X Mh Skirting LF: MH Skirting Type: Diameter: Height: Units Units Price RCN Actual Value 1 $54,400.00 $54,400.00 $19,040.00 1 $5,000.00 $5,000.00 $1,750.00 720 $3.12 $2,246.40 $786.00 RCN Cost/SF: $6.49 Design Adj %: 0 Func Obs (1/0: 0 Total RCN: $66,319.00 Exterior Adj %: 0 Econ Obs %: 0 Phys Depr %: 0.65 Interior Adj %: 0 Other Obs %: 0 Phys Depr $: 43107 Amateur Adj %: 0 RCNLD $: $23,212.00 RCNLD Cost/SF $32.24 Market/SF: $32.24 Friday, December 04, 2009 Page 11 of 11 Sketches\Photos for Acct# R0983686 BIdgID: 1 Q:ldatalphotos1071120000022_001_rv.JPG Q:ldatalphotos1071120000022_001. jpg BIdgID: 1 SketchesPhotos for Acct# R0983686 BIdgID: 1 Q:IDATAISKETCHES\071120000022001-2.jpg Concrete floor Non -Calculated Area 1 68.0' 4.0' 14.0' 8.0' .8' 8.0' First Floor 1642.0' 24.0' 32.0' 20.0' 8.0' Bsmnt Conc 8 ft 280.0' 14.0' 20.0' 16.0' 4.0; li 0 Open Slab -- 4.0' s.a nn ' Wood Deck 48.0' Sketch by Ppex :8.0' 5 i 12e.0' a 8 0' 18.0' 8.0' 6.0' 12.0' 12.0' 14.0' 12.0' 10.0' 40.0' l 4.0' 10.0' 1.0' 12.0' 8.0' 15.0 20.0' Slab Roof Ceil BIdgID: 1 Q:IDATAISKETCH ES\071120000022001-1.jpg 4d 140 N2.8' to, First Floor 1842.0 sf Concrete floor Non -Calculated Area 168.0 sf no 120 20.0' air Bsmnt Cone 8 ft 280.0 sf 14.0' 12.0' 20.0' I 12.0' 14.0' • 116D 4 _Opel Cit - Sketch by Ppex Madlna"4 .v 16.0' 80 330 mate a. 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